Market segments refers to the relatively homogenous groups of prospective buyers that result from the market...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Market segments refers to the relatively homogenous groups of prospective buyers that result from the market segmentation process. O all potential buyers of a product or service who intend to purchase a firm's products or services but who have not yet done so. O the reletively heterogeneous groups of prospective buyers that result from the market segmentation process. O all buyers of a product or service who have previously purchased a particular firm's products or services and who intend to repeat that purchase sometime in the future. O the smallest number of buyers that have similar needs but do not react similary in a buying situation. Market segments refers to the relatively homogenous groups of prospective buyers that result from the market segmentation process. O all potential buyers of a product or service who intend to purchase a firm's products or services but who have not yet done so. O the reletively heterogeneous groups of prospective buyers that result from the market segmentation process. O all buyers of a product or service who have previously purchased a particular firm's products or services and who intend to repeat that purchase sometime in the future. O the smallest number of buyers that have similar needs but do not react similary in a buying situation.
Expert Answer:
Answer rating: 100% (QA)
Market segmentation is the process of aggregating prospective buyers into common groups that have th... View the full answer
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland
Posted Date:
Students also viewed these accounting questions
-
You want to either create a product or service that doesn't exist (for example, a dishwashing robot) or you can use a new product or service that has just recently been launched. It is fine if you...
-
In very old stars, heavy metallic elements like uranium (U), osmium (Os), and iridium (Ir) are hard to come by. (Usually, these elements are created during supernovae, when stars die in an epic...
-
Explain a hybrid costing system. Identify a product or service operation that might well fit a hybrid costing system.
-
Question: If you were a consultant and for the below M&A case, what questions would you ask as a consultant of the acquiring company of the mine and in order to complete the valuation: A firm is...
-
Consider the following information on the stock market in a small economy. a. Compute a price-weighted stock price index for the beginning of the year and the end of the year. What is the percentage...
-
The advent of sophisticated financial instruments has dramatically changed the nature of investing during the past decade. Many financial instruments offer potentially greater returns for the...
-
Match the flowchart, context diagram, or data flow diagram segments in the right column to an appropriate description in the left column. 1. Statements are prepared and sent to customers from data...
-
Phelan Corporation and Keevin Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe-tracing devices. Each company depreciates its plant assets using the...
-
A firm uses a corporate - level diversification strategy for a variety of reasons all of which have to do with ways to create value.
-
You, CPA, work as an associate with Campbell and Associates LLP, a financial and business advisory firm. The board of directors of Pembroke Pulp and Paper Inc. (PPPI) has engaged your firm once again...
-
An Australian based importer has entered into a US dollar denominated contract that will require payment of US$10,000,000 in one month. The importer wishes to lock in an exchange rate today in order...
-
Gasoline makes three types of products, Regular, Super, and Extra. Regular should have at least 11% of Additive 1 and at least 17% of Additive 2. Super should have at least 13% of Additive 1 and at...
-
On January 1, 2020, Abbey acquires 90 percent of Benjamin's outstanding shares. Financial information for these two companies for the years 2020 and 2021 follows (credit balances indicated by...
-
Suppose a five-year, $1,000 bond with annual coupons has a price of $902.09 and a yield to maturity of 5.7%. What is the bond's coupon rate? The bond's coupon rate is %. (Round to three decimal...
-
2. Prepare journal entries to record the following transactions involving both the short-term and long-term investments of HDX Inc., all of which occurred during Year 1. a. On February 15, paid...
-
Roxy Vanderhouse is tired of paying management fees to her attorney and management company. Whenever Roxy lands an acting role, her attorney and management company are entitled to a standard fee....
-
Student e-mail IDs at Pace University consist of the first and last initials of the student, followed by five digits, followed by either the letter n or the letter p. Write a program that asks the...
-
An item of depreciable machinery was acquired on 1 July 2009 for $120,000 by cash It is expected to have a useful life of 10 years and zero salvage value On 1 July 2012, it was decided to revalue the...
-
In putting wide age ranges on their products (i.e., suitable for ages 4 through 7), do you think that software companies prior to the advent of JumpStarts grade-specific products ever thought that...
-
What are the guidelines to follow when establishing a board of advisors?
-
Over the next 10 years, what do you think lies ahead for School of Rock? What are some things that could go right for the firm and some things that could go wrong as the firm continues selling...
-
Sometimes total spending is excessive, and _________ occurs.
-
Sometimes total spending is insufficient, and _________ occurs.
-
In the case of market _________, appropriate government policies could improve on market outcomes.
Study smarter with the SolutionInn App